|Strong North America Performance Validates Corn Market Share Gain for DuPont|
"Pioneer® brand products, coupled with our industry-leading agronomic and technical support, delivered strong yield performance again on growers' farms this year, validating the more than one point gain we achieved in
New Hybrid Lineups Create Value in Corn Business
"New genetic platforms in Pioneer corn product lineups continued to demonstrate strong performance. New products launched since 2011 are expected to comprise three-quarters of our 2014 product volume," said Schickler. "Our right product, right acre approach to developing, testing and placing seed is critical to grower success and has contributed to our increased corn market share in
Optimum® AQUAmax® corn hybrids, planted on 7 million acres in 2013, continued to perform rain or shine. In their third year of commercial sales, Optimum® AQUAmax® hybrids have been tested in an unprecedented 23,000 on-farm yield comparisons, leading to demand expected to exceed 10 million acres in 2014. Penetration of our integrated and reduced refuge Optimum® AcreMax® family of corn products also continued to grow in 2013, and these products are expected to comprise about two-thirds of corn unit sales in 2014.
Pioneer® Brand T Series Soybeans Make Strong Debut
Launched for the 2013 growing season, Pioneer® brand T Series soybeans delivered strong yield results for growers. Next year, 53 newly advanced T Series varieties are expected to comprise about one-third of
"Farmers saw improved yield results in 2013 with Pioneer soybean products," said Schickler. "We look forward to offering our customers more choices in 2014 – leveraging the strength of our new T Series varieties."
Delivering Whole-Farm Decision Services to Growers
Leveraging its unique route-to-market, DuPont Pioneer is an industry leader in providing next-generation agronomy and Decision Services to growers through an expanding field services team and utilization of new technologies. When yield monitors became commonplace on U.S. farms, Pioneer launched comprehensive field-by-field mapping services. As agricultural operations became more complex, Pioneer grew its whole-farm profitability services to include a real-time grain marketing platform.
In the last year, Pioneer worked one-on-one with customers to map more than 20 million acres of harvest and as-planted acres, and to implement more than 1.5 million acres of variable rate seeding prescriptions. Providing end-to-end services, Pioneer has connected about 8,000 grain sellers and buyers through the Farms Technology Dynamic Pricing Platform. Last week,
"Our Decision Services are helping growers to maximize profits and minimize risk, while improving farm operation sustainability through science, technology and customer knowledge," said Schickler. "Decision Services will be an important part of the Pioneer business as we continue to leverage our genetic and agronomic expertise with our analytic capabilities and technology to deliver year-round production and farm management services."
DuPont Pioneer is the world's leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success™.
Forward-Looking Statements: This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents filed with the
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Herculex® Insect Protection technology by Dow AgroSciences and
Jane Slusark, 515-535-0164, email@example.com